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home / news releases / welcome to summer brace for a hard landing

UUP - Welcome To Summer - Brace For A Hard Landing

Invesco DB USD Index Bullish Fund

2024-06-23 09:47:49 ET

Summary

  • The risk of recession is rising with the weakening labor market.
  • The political situation in France could trigger the widening of credit spreads globally, and further tightening of financial conditions.
  • The AI bubble is topping with the recent reversal in the Nvidia stock price.
  • The S&P 500 PE multiple is now over 24 - it's a bubble ready to burst.

Summertime

It's that time of the year. Summer officially started on June 20th. Usually at this time, investors are talking about a potential summer rally. ...

For further details see:

Welcome To Summer - Brace For A Hard Landing
Stock Information
Company Name: Invesco DB USD Index Bullish Fund
Stock Symbol: UUP
Market: NYSE
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